Your Daily Digest of Global Stories
The US Federal Reserve (Fed) is at a critical point. The decision on the adjustment of interest rates, scheduled for September 18, has sparked intense debate among economists. Neil Dutta, head of economics at Renaissance Macro, argues that a cut of just 25 basis points in interest rates could have adverse consequences. “Unless something changes,…
Markets Eraaya Lifespaces shares have been witnessing a strong rally for the past few days. For the last 14 days, this stock has been hitting an upper circuit of 5 percent every day. During this period, the company’s shares have jumped by about 100 percent. That is, investors’ money has doubled in just 14 days…
Trade setup : Profit booking was seen a day after the sharp rise in the market. Nifty fell by 32 points on September 13. However, this week it recovered all its losses of the previous week and closed at a new weekly closing level of 25357 with a gain of 2 percent. Market experts believe…
From 2004 to the fall in 2008, IPOs saw a tremendous boom. After this, this trend was seen again in 2015. Now since last year, the IPO trend has picked up again. In such a situation, various questions are arising in people’s minds regarding IPOs. Generally, people invest in IPOs for the wrong reasons. If…
MOS Utility share price: Leading fintech company MOS Utility Limited has acquired 51 per cent stake in Samriddhi Inclusive Growth Network Private Limited. This company provides a variety of fintech and utility payment solution services to businesses and individuals. Last Friday, the company’s shares saw a rise of 1.48 percent. The stock closed at Rs…
Kamdhenu Ventures Share: Foreign Institutional Investors (FIIs) have bought shares of Kamdhenu Ventures Limited, a company in the Indian decorative paint segment. According to bulk deal data available on NSE, Mauritius-based Al Maha Investment Fund and Unico Global Opportunities Fund Limited have bought shares of the company. Last Friday, the company’s shares rose by 0.67…
JSW Energy JSW Renew Energy Two Limited, a step-down subsidiary of JSW, has commissioned 300 MW wind power capacity in Tuticorin, Tamil Nadu. The company announced this today on 15 September. Last Friday, the company’s shares saw a rise of 1.01 percent and the stock closed at Rs 767.90 on BSE. With this rise, the…
Markets Nifty’s PSE index fell 1.7 percent in August and is currently down 5 percent in September, which is the worst performance of this index this year. However, despite the recent poor performance, Gautam Shah of stock research firm Goldilocks Premium Research believes that PSU stocks may see further decline before the situation becomes normal….
Markets The company has acquired the redevelopment rights of Miami Apartments in Breach Candy area of South Mumbai, which has had an impact on the company’s shares. With these rights, Puravankara has entered the posh South Mumbai market, where real estate prices range from Rs 1,25,000 to Rs 1,40,000 per square foot. Puravankara’s consolidated net…
Markets Which stocks should we short amid the global correction? Which stocks can fall by 20%? What is the advice for investors amid this fall? Watch this video to know. Source link
